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CPO futures end higher on worries over weaker palm oil production
CPO prices set to trade between RM3,800 and RM4,200 per tonne in 2H2024, says MPOC
Palm oil set to rise in 2H as La Nina poses supply risk
CPO prices stay above RM4,000 for second straight day
Robust Palm Oil Buying To Propel India's July Edible Oil Imports To Record High: Report
24/07/2024 (ABP News) - Indian industries and the government have reportedly made unprecedented purchases of edible oils scheduled for delivery in July. Refiners have significantly boosted their procurement of palm oil and soy oil, driven by attractive pricing and in anticipation of potential import duty hikes, according to a Reuters report citing sources.
Palm oil surrenders most of early gains on India budget caution
23/07/2024 (Reuters), Beijing - Malaysian palm oil futures gave up most of their early gains on Tuesday, as concerns surrounding India's annual budget outweighed support from strong July exports.
China releases first corporate standard in road tanker truck for edible oil transportation
23/07/2024 (Ecns) - A Chinese vehicle manufacturer has released the first domestic corporate standard in tanker truck equipment for edible oil transportation.
Report advises two-tier approach to spot sunflower oil fraud
23/07/2024 (Securing Industry) - Contamination and adulteration of vegetable oils is a widespread problem and could be responsible for more deaths than any other form of food fraud.
ICE Canola Midday: More Gains as Liquidation Continues
24/07/2024 (Morning Star), Manitoba - Intercontinental Exchange canola futures were on the rise at midsession Tuesday, in what an analyst said is very likely more fund liquidation.
Malaysian palm oil logs five-day winning streak on good demand
24/07/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher on Monday, extending gains to a fifth consecutive session on the back of good demand and data showing a surge in July exports.
Council saves carbon by using vegetable oil for bin trucks
22/07/2024 (Basingstoke Gazette) - More than 288 tonnes of carbon emissions have already been saved after the borough council changed the type of fuel used for its bin trucks three months ago.
Govt. limits margins on flour, sunflower oil and salt
22/07/2024 (CDM) - At today’s telephone session, based on the consent of the majority of members, the Government of Montenegro passed the Decision on temporary measures to limit the prices of products of special importance for people’s life and health and the list of products
WFP: 6,164 tonnes of flour, 765 tonnes of sunflower oil to be transferred to Gaza Strip under Grain from Ukraine
22/07/2024 (Interfax-Ukraine) - The UN World Food Programme (WFP) intends to continue supplying agricultural products to the Gaza Strip within the Grain from Ukraine program, WFP Deputy Director Marianne Ward said in an interview with Interfax-Ukraine. She said WFP recently sent 1,000 tonnes of flour from Ukraine to this region.